Affin Hwang Capital Daily Insight (LV) - 19 May 2016 - INARI / IOICORP / DIALOG / HAPL / MBMR

Top Calls

Results Note � Inari Amertron (BUY, maintain) - Soft quarter, but recovery next 3QFY16 core profit was weak at RM28m (-7% yoy) although within our recently revised earnings estimates. We expect earnings to recover in 4QFY16 and believe that long-term prospects remain favourable. This is thus an opportune time to accumulate given the recent share price pullback, in our view. Maintain BUY.

Other Calls

Results Note � IOI Corp (HOLD, maintain) - Within expectation, maintain HOLD

Results Note - Dialog Group (HOLD, maintain) - Below expectations

Results Note � Hap Seng Plant (HOLD, maintain) - Below expectations but maintain HOLD

Results Note � MBM Resources (SELL, downgrade) - Potentially further downside risk

Morning News & Market Summary

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